Largest Machinery Add-on Transactions in 2022

Howden is a provider of mission-critical air and gas handling products, technologies, and services. Howden supports multiple sectors including infrastructure, power generation, oil & gas, wastewater, metals, mining, and transportation. Howden was founded in 1854 and is based in Renfrew, Scotland.

Chart Industries
Company
Machinery
Ball Ground, Georgia
www.chartindustries.com

KPS Capital Partners
Investor
Private Equity Firm
New York, New York
www.kpsfund.com

Nikon SLM Solutions is a manufacturer of equipment for Rapid prototyping and Additive layer manufacturing (Direct Metal Laser Sintering) improves its market presence and position. Nikon SLM Solutions was founded in 2006 and is based in Lubeck, Germany.

Nikon
Company
Electronics
Tokyo, Japan
www.jp.nikon.com

Linxis Group is a manufacturer of industrial equipment for the production of food, pharmaceutical, and cosmetic products. Linxis Group consists of six companies within their respective markets, designing, engineering, manufacturing, and installing equipment for food, cosmetics, and pharmaceutical production lines. Linxis Group was founded in 1988 and is based in Nantes, France.

Hillenbrand
Company
Machinery
Batesville, Indiana
www.hillenbrand.com
Advisors: Linklaters , SMBC Nikko Securities

IK Partners
Investor
Private Equity Firm
London, United Kingdom
www.ikinvest.com

Tractel provides lifting and access-related products. This includes lifting, material handling, measurement of tension and loads, suspended working platforms, building maintenance installations and fall arrest safety equipment. Tractel was founded in 1941 and is based in Foetz, Luxembourg.

Alimak Group
Company
Machinery
Stockholm, Sweden
www.alimakgroup.com

Cinven
Investor
Private Equity Firm
London, United Kingdom
www.cinven.com

Wenger provides extrusion systems for producing pet food, aquafeed, and human food. The company was formed with the purpose of manufacturing affordable cattle feed. It has since made a strong impact in the food and feed industries by commercializing the cooking extruder for both human and pet food production. The company has a diversified and loyal customer base, ranging from global blue-chip processors to smaller specialized players. Wenger was formed in 1935 and is based in Sabetha , Kansas.

Marel
Company
Machinery
Gardabaer, Iceland
www.marel.com

Fori Automation is an automation engineering firm designer and manufacturer of complex, multi-armed automated welding systems, with an extensive range of automated assembly systems, automated material handling solutions, automated large-scale, industrial guidance vehicles (AGVs), and end of line testing systems. Fori Automation was founded in 1984 and is based in Shelby Township, Michigan.

Lincoln Electric
Company
Machinery
Cleveland, Ohio
www.lincolnelectric.com

The Intimidator Group designs and manufactures Spartan Mowers, a professional line of zero-turn mowers known for exceptional performance, durability and distinctive styling. Sold through an established dealer network, Spartan Mowers has strong brand recognition in southern regions of the United States, appealing to rural markets and large acreage customers. Intimidator Group also designs and manufactures an attractive line of powerful and versatile side-by-side utility vehicles that perform well in the toughest terrains.

Toro
Company
Machinery
Bloomington, Minnesota
www.thetorocompany.com

CyberOptics is a global developer and manufacturer of high-precision 3D optical sensing technology solutions. The company's sensors are used for inspection and metrology in the semiconductor and surface mount technology (SMT) markets to improve yields and productivity. CyberOptics' inspection systems come with the assurance of high quality, accuracy and speed. Its innovative and proprietary 3D Multi-Reflection Suppression (MRS) optical sensor technology and WaferSense wireless measurement sensors for tool setup and diagnostics will expand Nordson’s growth opportunities into new areas of the semiconductor wafer fabrication and packaging process. CyberOptics was founded in 1984 and is based in Minneapolis, Minnesota.

Nordson
Company
Machinery
Westlake, Ohio
www.nordson.com
Advisors: Jones Day , Morgan Stanley

Duplomatic is a producer of hydraulic valves, pumps, and oil-pressure activated systems which are mainly utilised in industrial applications for industries such as energy, machine tools, construction machineries, rubber and wood industry as well as naval and agricultural industry. Duplomatic was established in 1952 and is based in Parabiago, Italy.

Daikin
Company
Manufacturing
Osaka, Japan
www.daikin.com

Alcedo SGR S.p.A.
Investor
Growth Capital Firm
Treviso, Italy
www.alcedo.it

Salford Group is a designer and manufacturer of tillage, seeding, and fertilizing equipment for the agricultural industry. The company's products are engineered and built to be durable, innovative, and complementary to mainline OEM products with distinct performance advantages related to higher productivity, greater efficiency, and environmental sustainability. It has been able to leverage technological developments in precision agriculture to allow producers to manage their crop production with an ever-increasing degree of accuracy. Salford Group was formed in 1978 and is based in Osceola, Iowa.

Linamar
Company
Automotive
Guelph, Ontario
www.linamar.com

GenNx360 Capital Partners
Investor
Private Equity Firm
New York, New York
www.gennx360.com

RE2 provides the RE2 Sapien family of robotic arms, RE2 Detect computer vision software, and RE2 Intellect autonomy software to enable intelligent mobile manipulation systems that operate in a variety of complex indoor and outdoor environments. RE2’s systems help companies in the aviation, construction, defense, energy, and medical industries to enable remote operations, improve worker safety and efficiency, and reduce operational costs. RE2 is based in Pittsburgh, Pennsylvania.

Palladyne AI
Company
Machinery
Salt Lake City, Utah
www.palladyneai.com
Advisors: Wilson Sonsini Goodrich & Rosati , PJT Partners

Dosatron is a technology solutions provider of water-powered dosing pumps and systems with an established presence in attractive end markets including hydroponics, horticulture, animal health, food safety and sanitation, and water treatment. Dosatron was founded in 1974 and is based in Tresses, France.

IR
Company
Machinery
Davidson, North Carolina
www.irco.com

OLBRICH is a production and intelligent equipment manufacturer, specializing in purpose-built rotary processing equipment, including equipment used in the manufacturing of dry and wet electrodes for lithium-ion batteries and components for hydrogen fuel cells used in electric vehicles, with additional strong positions in Specialty & Pharma, Packaging and Home & Décor. OLBRICH was founded in 1949 and is based in Bocholt, Germany.

Matthews International
Company
Diversified
Pittsburgh, Pennsylvania
www.matw.com

Fronti Fabrication is a specialist in engineering, machining, and welding for the cryogenic and gas industries, and also supplies new build pressure vessels and performs repairs with certification to the American Society of Mechanical Engineers (ASME) code. Fronti Fabrications was established in 2003 and is headquartered in Palmerton, Pennsylvania.

Chart Industries
Company
Machinery
Ball Ground, Georgia
www.chartindustries.com

Astro Machine is a designer and manufacturer of professional color and monochrome inkjet printers as well as a wide range of media handling equipment for labeling and mailing applications. Astro Machine was founded in 1978 and is based in Elk Grove Village, Illinois.

AstroNova
Company
Technology Hardware
West Warwick, Rhode Island
www.astronovainc.com

Timber Automation is a provider of custom-engineered equipment and control systems for woodyards and sawmills that maximize yield, increase uptime and reduce production costs. Timber Automation was founded in 2017 an is based in Hot Springs, Arizona.

USNR
Company
Manufacturing
Woodland, Washington
www.usnr.com

Blue Sage Capital
Investor
Private Equity Firm
Austin, Texas
www.bluesage.com
Advisors: Queen Saenz + Schutz , D.A. Davidson